The Planning Authority has revealed that a €5 million financial aid scheme for property owners will be allocated to restore the facades of local homes.
The scheme was announced by the Minister for Planning and Public Works Stefan Zrinzo Azzopardi alongside the Planning Authority’s Executive Chairman Oliver Magri.
Residents who own properties in any Maltese or Gozitan locality which fall under the Urban Conservation Areas, will be able to restore their property facades and receive a 100% refund of the works up to a maximum of €11,000.
The scheme will also be applicable for buildings scheduled in the First or Second Grade, with a maximum of €16,000. Part of the refund will include up to €800 for eligible professional services and €200 for local council permits.
€4 million will be go to residential properties in UCA areas whereas €1 million will go to scheduled residential properties. Buildings who have already benefitted from the scheme will not be able to reapply.
The applications will be accepted between 30th May 2023 and 30th June 2023 for UCA residences. For scheduled properties, the time frame is listed as June 6th 2023 to July 6th 2023.
The Minister explained how this scheme will help homeowners renovate their homes whilst also preserving the beauty of Maltese architecture.
On his part, Magri said that since 2017, the Planning Authority has already allocated over €27 million, with 3,000 in UCA zones profiting off of the scheme.
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